1、 Price trend

According to the Commodity Market Analysis System of Shengyi Society, the aniline market operated smoothly in February, with a slight overall increase. On February 1st, the market price of aniline was 9075 yuan/ton, and on February 26th, it was 9162 yuan/ton, with a monthly increase of 0.96% and a decrease of 16.61% compared to the same period last year.

2、 Analysis and Review

The fluctuation range of aniline in February was relatively small and fluctuated within a certain range. At the beginning of the month, supported by raw material prices, the price of aniline slightly increased. However, due to the impact of the Spring Festival, downstream demand has recovered slowly after the holiday, and the speed of aniline shipment has slowed down, resulting in high market inventory. In mid to late month, the price of raw material pure benzene continued to rise, while aniline; Profit margins have decreased, factories have raised prices, and under the influence of costs and supply and demand, prices have remained stable until the end of the month.

Pure benzene: In February, the pure benzene market first rose and then fell, with a strong rise in the first half of the month and a rebound in the second half. In the first half of the month, Shandong’s local refining companies had good shipments. Shandong Lihua Yi’s 200000 ton pure benzene plant began planned maintenance, and Sinopec’s pure benzene listing price was raised by 100 to 7750 yuan/ton, causing a price increase. Subsequently, Shandong’s local refining companies had poor shipments, and the market started to promote sales, resulting in price reductions. On February 1st, the average price of pure benzene was 7553 yuan/ton, and on February 26th, the average price of pure benzene was 7753 yuan/ton, with a 2.65% increase during the period.

3、 Future expectations

The current sales situation in the aniline market is average, with raw material prices falling and profits recovering. There are plans for major factories to conduct maintenance in the future, and it is expected that the aniline market will strengthen and consolidate in the short term.